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1. Educational and general revenues earned during the year include tuition and fees for educational activities of $5,200,000 of which, $2,500,000 had been collected, and $2,750,000 of state appropriations, all of which has been received.

2. Other revenues of $2,100,000 were collected through auxiliary enterprises

3. Total purchases of materials and supplies for the years amounted to $974,000 of which $843,000 has been paid

4. Materials and supplies used during the year amounted to $864,000, of which $550,000 is chargeable to educational activities, $250,000 charged to administration activities and $64,000 to auxiliary enterprises.

5. Salaries and wages paid totaled to $2,850,000 of which $1,450,000 is chargeable to educational activities, $460,000 chargeable to administration activities and $940,000 to auxiliary enterprises

6. Utility Expenses were incurred. All were paid with the exception of $1,400

Auxiliary Enterprises $3,800

Educational Activities: $10,500

Administration: $1,300

7. An individual donated preferred stock valued at $75,000 to finance auxiliary enterprises activities. She had acquired the investments for $59,000.

8. A $224,000 gift was received with the stipulation that the resources be used to help finance educational services.

9. Cash ($2,050,000) was donated by a family during the year to establish an endowment. Both the endowment and any revenue derived from need to be designated to educational activities.

10. The cash received on transaction 9 was invested in the following securities: Preferred Stock $450,000 Common stocks: $642,000 Bonds Par Value $290,000 Premiums $12,000 Bonds: Par value $486,000 Discounts: $15,000

11. Cash received on the endowment investments income was as follows: Dividends on preferred stocks $16,000 Dividend on common stocks $24,000 Interest $2,500

12. Depreciation for Universitys main campus was $146,000 for the year

13. Prepare the Statement of Activities

Statement of Activities University of Florida Dec 31st, 2018 Operating Revenue Educational Activities Auxilary enterprises Total Operating Revenue Operating Expenses (By Function) Educational Activities Auxilary enterprises Administrative Activities Operating Income (Loss) Nonoperating Revenue and (Expenses), Gains and Losses State Appropriation Contribution Revenue Endowment Investment Revevue Depreciation Expense Net Nonoperating Revenue and (Expenses), Gains and Losses